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Fifth, sixth graders learn about savings and checking accounts at North Country Savings in Canton

Posted 8/27/12

Pictured from left to right: Benjamin Donaldson, Mary Lobdell, Noah Longshore, Gretchen Warner, Matthew Fent, Jude Smith, William Jadlos CANTON -- Matthew Fent, Customer Service Representative at …

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Fifth, sixth graders learn about savings and checking accounts at North Country Savings in Canton

Posted

Pictured from left to right: Benjamin Donaldson, Mary Lobdell, Noah Longshore, Gretchen Warner, Matthew Fent, Jude Smith, William Jadlos

CANTON -- Matthew Fent, Customer Service Representative at North Country Savings Bank, helped fifth and sixth grade students set up mock savings, checking, and debit accounts with materials donated by the bank, at a summer enrichment program sponsored and led by Ginger Thomas of Teacher?s Desk Consultants.

The program was held at St. Mary?s School in Canton. Throughout the week, the children, recorded transactions as they bought and sold snacks, made deposits and withdrawals to their accounts, and reconciled bank statements to add daily interest.

It took only a few days before they decided to move most of their money into savings where it earned a higher rate of interest.

The students also learned about building design and drafting blueprints from architect Rebecca Weld of Renew Architecture & Design. They particularly appreciated Ms. Weld sharing drawings and design secrets for her award winning gingerbread house based on an actual Potsdam building.

The youngsters then tackled designing clubhouses themselves. Canton Code Enforcement Officer Russell Lawrence talked about energy efficient and fire safe building construction, with the young builders, who put all their new learning into action constructing models of their clubhouse designs.

The week culminated with each child offering a sales pitch for their clubhouse, complete

with figures detailing the exterior measurements and total square footage of their

buildings as well as the cost of materials to build the clubhouse in actual size.